Janaki Finance has posted increased in net profit by 29.44 percent in the fourth quarter of this fiscal year 2074/75.
As per the published report, the finance has reported increased in net profit to Rs.13.38 crore in this Q4 from Rs.10.34 crore in the corresponding quarter of last fiscal year 2073/74.
The finance has collected deposit of Rs.1.65 arba & floated in loan & advances of Rs.1.59 arba.
Net interest income has slide declined to Rs.16.63 crore from Rs.15.75 crore in the last corresponding quarter. Operating profit decreased by 76.74% to Rs.1.73 crore to Rs.7.47 core in the comparing period.
Janaki finance is able to write back Rs.19.09 crore from the provision for possible losses. Write back amount helps to increased net profit despite of decreased in operating profit.
Its paid up capital is Rs.40.33 crore with reserve balance of Rs.28.04 crore. Reserve increased by 90%.
Its non performing loan stands at 1.69 percent from 8.31 percent from the last year.
Annualized earning per share is Rs.33.19 & net worth per share is Rs.169.53. PE ratio stands at 4.82 times.
